Reunert (Reunert) Equity-to-Asset : 0.59 (As of Sep. 2023)

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What is Reunert Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Reunert's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $393.1 Mil. Reunert's Total Assets for the quarter that ended in Sep. 2023 was $666.0 Mil. Therefore, Reunert's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.59.

The historical rank and industry rank for Reunert's Equity-to-Asset or its related term are showing as below:

RNRTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.69 Max: 0.71
Current: 0.59

During the past 13 years, the highest Equity to Asset Ratio of Reunert was 0.71. The lowest was 0.59. And the median was 0.69.

RNRTF's Equity-to-Asset is ranked better than
56.2% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs RNRTF: 0.59

Reunert Equity-to-Asset Historical Data

The historical data trend for Reunert's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reunert Equity-to-Asset Chart

Reunert Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Equity-to-Asset

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0.71

0.67

0.65

0.59

Reunert Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.65	0.65	0.65	0.59	0.59

Competitive Comparison of Reunert's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Reunert's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Reunert's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Reunert's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Reunert's Equity-to-Asset falls into.

Reunert Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Reunert's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	393.131	/	666.044
	=	0.59

Reunert's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	393.131	/	666.044
	=	0.59

Reunert (OTCPK:RNRTF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Reunert Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Reunert's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Reunert (Reunert) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Reunert Ltd (OTCPK:RNRTF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

RLO:South Africa REU1:Germany

Address

54 Maxwell Drive, Nashua Building, Woodmead North Office Park, Woodmead, Sandton, Johannesburg, GT, ZAF, 2191

Website

https://www.reunert.co.za

Reunert Ltd is an IT contracting company. It derives revenue through three main segments: Electrical Engineering, Information Communication Technologies (ICT), and Applied Electronics. The Electrical Engineering division designs and manufactures electrical energy cables, supplies low and medium-voltage electrical distribution, protection, and control equipment, and designs, manufactures and supplies copper and fiber optic cables, and derives the majority of revenue. The ICT division provides managed services to enterprises, such as managed office products, voice, data, and hosted services as well as unified communications and asset-based finance solutions. Applied Electronics comprises Reutech, which derives revenue from the design and manufacturing of defense products.